Category: Resources - Financing
If you're lucky enough to have worked the majority of your life for the same employer, you may be eligible to receive a pension from that employer when you retire. Though such retirement benefits are often not given much weight by young employees just starting out, this benefit can add up to thousands and thousands of dollars when you reach retirement age. However, each company pension is somewhat different. It's wise to make sure that you understand the basic--and the specific--rules of your company's retirement program.
Buying a new home is full of excitement. Discovering the perfect 55+ neighborhood, mapping furniture placement, and the thrill of meeting your new neighbors are just a taste of what new homeownership has in store. But then you sit down with your mortgage broker, take a look at the contract, and it might as well be written in Latin.